TICKER CODE: CGA Company Name: CHINA GREEN AGRICULTURE, INC US Stocks Process Industries Chemicals: Agricultural
Position Proposed: BUY
Entry: NOT READY (6.25-6.40) 1st Partial Take Profit: 18.20 (August-Sept 2021) 2nd Partial Take Profit: 25.50 (End 2021)
Stop Loss: 3.85
Technical Analysis 1. Large Monthly Falling Wedge 2. Large Monthly Inverse Head & Shoulders (Expected TP @ neckline) 3. Fibonacci Retracement expected to hit 0.786 inline with Horizontal and trendline area of confluence 4. 1st Partial Take Profit at Fibonacci Expansion Level 1 Grey Zone 5. 2nd Partial Take Profit at Fibonacci Expansion at 1.618